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The SNP chief added: "It’s fantastic news and I know everybody in Scotland will be really excited to hear President Obama is visiting Edinburgh and really looking forward to what he has to say.

“It’s great for Scotland and great for boosting Scotland’s profile in the world.

“He’s coming to support a fundraising initiative - Sir Tom Hunter has persuaded him to visit and it’s a great coup for Sir Tom.

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Obama could have to meet the First Minister during his Scotland trip

“I’m sure President Obama will have words that many people in Scotland and across the world will want to hear so I look forward to hearing him and I know many people in Scotland will be looking forward to that as well.”

The event is being organised by the Hunter Foundation, with tickets for a table of 10 expected to go on sale for approximately £5,000.

Money raised at the event will go to the Obama Foundation and to children's charities in Scotland.